Receivership property definition

Receivership property means the property of an owner that is described in the order appointing a receiver or a subsequent order. The term includes any proceeds, products, offspring, rents, or profits of or from the property.
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Receivership property means (1) in the case of a general receivership, all or substantially all of the nonexempt property of the respondent, or (2) in the case of a limited receivership, that property of the respondent identified in the order appointing the receiver, or in any subsequent order.
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Receivership property means the property of an owner which is described in the
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Examples of Receivership property in a sentence

  • May 7, 2018.554.1021 Receivership property; duties of person upon demand of receiver; failure to turn over property; sanction.Sec.

  • Receivership property in a limited receivership is the property of the debtor specifically identified in the order appointing the receiver or in any subsequent order.

  • This has involved monitoring policy statuses and coordinating the payment of all necessary insurance policy premiums so that the Receivership property remains adequately insured.

  • As noted above, Wells Fargo is pursuing a claim and other purported interests it has to Receivership property.

  • The Receiver opposed arbitration because by enforcing the purported arbitration agreements in the “investment contract” at the heart of Nadel’s scheme, those documents would be allowed to oust this Court’s “complete jurisdiction and control” over Receivership property in favor of numerous separate private arbitrators in Florida, New York, and Illinois.

  • During prior reporting periods, the Receiver identified certain mining equipment, vehicles, and the like that constituted Receivership property located in Nevada (the “Mining Equipment”) and reached a court-approved settlement of litigation against certain parties who had asserted claims as to that equipment.

  • The parties mediated this matter on October 4, 2013, but were unable to reach an accord.As previously noted above (for example in Sections V.A.2 and V.B.1), Wells Fargo is pursuing a claim and other purported interests it believes it has to Receivership property.

  • Any interested parties should check the Receiver’s website at www.kineticreceivership.com/assets-for-sale or contact the Receiver’s listing agent at ba-rivera@msn.com.The Receiver is also exploring options to realize value from any remaining Receivership property or assets.

  • Indeed, it knowingly violated orders of this Court in trying to take control of interests in Receivership property.

  • During a prior reporting period and with the approval of the Court, the Receiver sold all the Receivership property adjacent to parcels owned by the Town of Huntersville to the Town for a gross sale price of $165,000.00.


More Definitions of Receivership property

Receivership property means the property of an owner
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Receivership property means the property of an owner that is described in the order appointing a
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Receivership property shall have the meaning set forth in Section 18.1.4(a).
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Receivership property means and includes:
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Receivership property means any Assets, wherever located, that are: (1) owned,
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Receivership property means property or business of an owner that is described in the order appointing a receiver or a subsequent order, including any products, offspring, profits, and proceeds of the property.
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Related to Receivership property

  • Receivership means a proceeding in which a receiver is appointed.

  • Insolvency with respect to any Multiemployer Plan, the condition that such Plan is insolvent within the meaning of Section 4245 of ERISA.

  • Assessed Property means any Parcel within the District against which an Assessment is levied.

  • Bankruptcy means, with respect to any Person, if such Person (i) makes an assignment for the benefit of creditors, (ii) files a voluntary petition in bankruptcy, (iii) is adjudged a bankrupt or insolvent, or has entered against it an order for relief, in any bankruptcy or insolvency proceedings, (iv) files a petition or answer seeking for itself any reorganization, arrangement, composition, readjustment, liquidation or similar relief under any statute, law or regulation, (v) files an answer or other pleading admitting or failing to contest the material allegations of a petition filed against it in any proceeding of this nature, (vi) seeks, consents to or acquiesces in the appointment of a trustee, receiver or liquidator of the Person or of all or any substantial part of its properties, or (vii) if 120 days after the commencement of any proceeding against the Person seeking reorganization, arrangement, composition, readjustment, liquidation or similar relief under any statute, law or regulation, if the proceeding has not been dismissed, or if within 90 days after the appointment without such Person’s consent or acquiescence of a trustee, receiver or liquidator of such Person or of all or any substantial part of its properties, the appointment is not vacated or stayed, or within 90 days after the expiration of any such stay, the appointment is not vacated. The foregoing definition of “Bankruptcy” is intended to replace and shall supersede and replace the definition of “Bankruptcy” set forth in Sections 18-101(1) and 18-304 of the Act.

  • Foreclosure means the process culminating in the acquisition of title to a Mortgaged Property in a foreclosure sale or by a deed in lieu of foreclosure or pursuant to any other comparable procedure allowed under Applicable Requirements.

  • Public Property means any and all property owned by the City or held in the name of the City by any of the departments, commissions or agencies within the City government.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Debtor Relief Laws means the Bankruptcy Code of the United States, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally.

  • Insolvency Proceeding means any proceeding commenced by or against any Person under any provision of the Bankruptcy Code or under any other state or federal bankruptcy or insolvency law, assignments for the benefit of creditors, formal or informal moratoria, compositions, extensions generally with creditors, or proceedings seeking reorganization, arrangement, or other similar relief.